Economy of Germany, China increasingly interdependent: study

    Updated: 2013-03-20 17:27

    (Xinhua)

    Comments Print Mail Large Medium Small

    BERLIN -- The rapid growth of bilateral trade and the increasingly closer economic ties between Germany and China during the past 20 years has led the two countries'economic interdependence to an unprecedented level, a study showed on Tuesday.

    The study, conducted by the research institute Prognos with the entrustment by the Bertelsmann Foundation, centered on a comprehensive analysis of German-Chinese trade relations.

    "The Germany-made machinery products play a key role for China's industry, while China is the most important supplier of consumer goods to Germany," said Helmut Hauschild, director of the Germany and Asia Program under the Bertelsmann Foundation.

    "This high level of interdependence gives a strong impetus to the governments of both countries to make even greater efforts to forge closer cooperation to create the market's openness and equal condition of competition for both German and Chinese firms," said Hauschild.

    According to the study, the Chinese industry has relied heavily on the import of German machinery.

    The study noted that the Germany-China interdependence has reached such a high degree that the Chinese economy would face difficulties if some of its strategically-needed machinery products from Germany fall in short supply, since many of the German machines are used in industries which account for a large proportion of China's production of exports.

    In the meanwhile, Germany counts more and more on the import of China-made textiles and clothing, as the market share of China's textile has climbed to over 31 percent by now, in comparison to mere 7 percent in 1992.

    Germany's dependence on China-made computers, laptops and other business items has also kept increasing drastically, with its share in Germany's market rocketing to current 44 percent, from less than 1 percent in 1992.

    Looking ahead into the future, the study anticipated some changes to Germany-China trade relations and patterns, as Chinese firms continue with their drive to reach the world's top level in high-tech sectors. The intra-industry trade will play an important role in German-Chinese trade, according to the study.

    The trend means that more and more German firms will directly face competition from their Chinese counterparts. To maintain their success in the Chinese market, German companies should keep their technological advantage and diversify their business sphere, said Hauschild.

    "The study shows that the German economy needs to invest more in research and development so as to survive in the long run in the face of the competition from China," said Hauschild.

    ...
    影院无码人妻精品一区二区| 最近高清中文在线字幕在线观看| 最近中文字幕视频在线资源| 久久久久亚洲AV无码网站| 中文字幕亚洲综合久久2| 亚洲AV蜜桃永久无码精品| 色窝窝无码一区二区三区| 亚洲中文字幕成人在线| 四虎国产精品永久在线无码| 亚洲精品色午夜无码专区日韩| 91天日语中文字幕在线观看| 亚洲精品无码久久不卡| 国产成年无码久久久久毛片| 亚洲中文字幕久久精品无码喷水 | 日韩成人无码中文字幕| 蜜臀AV无码国产精品色午夜麻豆 | 国产成人无码区免费内射一片色欲| 亚洲乱码中文字幕综合| 蜜臀精品无码AV在线播放| 2021国产毛片无码视频| 无码人妻久久一区二区三区免费丨| 免费无码H肉动漫在线观看麻豆| 中文字幕一区一区三区| 亚洲制服中文字幕第一区| 天堂在/线中文在线资源官网| 中文字幕人妻丝袜乱一区三区| 无码人妻丰满熟妇啪啪| 亚洲人成无码网站久久99热国产| 国产av无码专区亚洲国产精品| 国产精品无码无卡在线播放| 无码国产精成人午夜视频一区二区| 无码少妇一区二区性色AV| 无码日韩精品一区二区免费暖暖 | 亚洲人成影院在线无码按摩店| 免费无码国产在线观国内自拍中文字幕 | 亚洲一本大道无码av天堂| 人妻少妇无码视频在线| 久久国产三级无码一区二区| 国产午夜无码专区喷水| 亚洲AV中文无码乱人伦在线视色| 亚洲Av无码国产情品久久|